History of Texas, together with a biographical history of Milam, Williamson, Bastrop, Travis, Lee and Burleson counties : containing a concise history of the state, with portraits and biographies of prominent citizens of the above named counties, and personal histories of many of the early settlers and leading families
Page:
443

Extracted Text

The following text was automatically extracted from the image on this page using optical character recognition software:

In 1872 Mr. Porter married Miss Susan canvass of the situation resulted in theHowlett, a daughter of James Hlowlett, of selection of Cameron as the place for the enMilamcounty. This lady died not long after- terprise. lie gathered together all of hisward, leaving no issue. lie married again own funds, and ei!isting tlhe interest of hisin 1875, Miss Fannie C. Martin, daughter brother, Henry T., wlLo was then at I'loomofDr. Ed A. Martin, an old citizen of ington, Illinois, they launched the MilainMilam county, a sketch of whom appears County Bank, as stated, in 1883, on a capitalelsewhere in this volume. To this union of $30,000, furnished by themselves. Thehave been born three children: Ed Franklin, conditions were favorable, as had been beWilliamMartin and Raymond Beaufordl. lieved, and the enterprise started off well.Mr. Porter is a Knight Templar Mason The deposits for the first year amounted toand a member of the Methodist Church, to about $20,000, and the net earnings to $2,whichlatter his wife also belongs. 000. Each year brought increased prosperity,the business growing at a steady pace, until----.~. ~ ^"^*g1888, when the bank entered on a period ofgrowth not theretofore known, and wlichRAAWFORD AND CRAWFORD, pro- fortunately continues to this time. Itsprietors of the Milam County Bank, working capital has been increased to 8125,Cameron,Milam county, Texas.-- 000, its average deposits have risen to $100,Withthe exception of the railroads probably 000, while its earnings have been correspondnosingle industrial or financial factor has ingly satisfactory. From a small loan andcontributed so largely to the advancement of discount business of a local nature it hasthe material interests of Milam county, and come to handle a large volume of generalparticularly to the commercial interests of commercial transactions, and has facilitiesthe town of Cameron, as the Milain County and equipments for carrying on safely andBank, owned and operated by Messrs. Craw- expeditiously all kinds of legitimate bankford& Crawford, brief biographical mention ing. It numbers among its patrons a majorofwhom, together with a sketch of the bank, ity of the leading business men of Cameron,is here given. is the specially designated depository of valThisinstitution was founded ten years ago, uable public and trust funds, and has on itsor, speaking by date, in 1883. It was the list of correspondents such well known andconception of Wilbur F. Crawford, then as conservative institutions as the following:now senior member of the firm of Crawford The Continental National Bank of St. Louis,& Crawford. Mr. Crawford is a Maine man in which Messrs. Crawford & Crawford areand made his advent into Texas in 1882, as a stock-holders, the First National Bank ofrepresentative of the general Government. New York City, the Southern NationalHe had had no previous experience as a Bank of New Orleans, the Gardner Savingsbanker, but being a shrewd inan of affairs he Institution and the Maine Trust and Savwasnot long in seeing the advantages offered ings Company of Gardiner, Maine, Ball,by several towns in the State for banking Hutchings & Co. of Galveston, the Firstbusiness, nor was he long in deciding to take National Bank of Houston, the City Nationupoperations in that direction. A careful al Bank of Dallas and the Austin National

Citing and Sharing

Reference the current page of this Book.

Lewis Publishing Company, publisher.History of Texas, together with a biographical history of Milam, Williamson, Bastrop, Travis, Lee and Burleson counties : containing a concise history of the state, with portraits and biographies of prominent citizens of the above named counties, and personal histories of many of the early settlers and leading families,
book,
1893;
Chicago.
(texashistory.unt.edu/ark:/67531/metapth29785/m1/475/?rotate=90:
accessed May 24, 2018),
University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu;
.